Vending machine technology the silent salesmen of new
Authors :• S.K. Kosgahakumbura• Y. Dissanayake• T.L. Jayathilaka• Y.D. Dilrukshi• Amila VENDING MACHINE TECHNOLOGY The silent salesmen of new era
VENDING MACHINE TECHNOLOGY• What is it ? A coin/ operated machine which sell products ranging from FMCG’s to expensive electronic items.
VENDING MACHINE TECHNOLOGY• History & Evolution Great Alexandra : Holy water dispenser 1880 in London : Postcard dispenser New York : Glue dispenser
VENDING MACHINE TECHNOLOGY• How does vending machines work ?
VENDING MACHINE TECHNOLOGYIn addition vending machines work on a collaborated set ofnew technologies . * Wireless Communication * Credit & Debit cards for payment * Immediate Local Reporting * GPS enabled for distribution
VENDING MACHINE TECHNOLOGY• Vending Machines and Sri Lanka Our Country has a well defined FMCG market in which these vending machines can successfully introduced In comparison to other countries, our market is way smaller thus would be easy in handling the functions
VENDING MACHINE TECHNOLOGY• Vending Machines and Sri Lanka Contd … - Product visibility and Impulsive purchase - Wider distribution - Enhanced brand image - Avoid adulteration - Deeper market penetration
VENDING MACHINE TECHNOLOGYLocally Invented Vending Machine in Sri Lanka A Sri Lankan entrepreneur has designed and developed an instant hot and chilled portable vending tea machine that operates through a SMS and can be operated through a Mobitel Connection